Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h
HCAC.U
HCAC.U was delisted on the 11th of October, 2018.
20 hedge funds and large institutions have $80.3M invested in Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 4 closing their positions.
9% less funds holding
Funds holding: 22 → 20 (-2)
13% less capital invested
Capital invested by funds: $92M → $80.3M (-$11.7M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.08M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$1.29M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$1.22M |
| 4 |
CI
Cowen Inc
New York
|
+$565K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$518K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$5.06M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.36M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.33M |
| 4 |
BlackRock
New York
|
-$2M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$1.98M |
HCAC.U Hedge Fund Activity: Q4 2017 in Review
20 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h (HCAC.U) for Q4 2017, worth a combined $80.3M — down 13% from $92M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of HCAC.U and 2 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $2.08M. The largest seller was Alberta Investment Management Corp (AIMCo), exiting entirely with an estimated $5.06M sold.
- 20 institutional investors held Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h (HCAC.U) as of Q4 2017, down from 22 in Q3 2017.
- Funds reported $80.3M of Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h stock for Q4 2017, down 13% quarter-over-quarter.
- 2 funds opened new Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h positions in Q4 2017 and 4 closed out, a net change of -2 holders.
- The largest Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h buyer in Q4 2017 was Polar Asset Management Partners, an estimated $2.08M added.
- The largest Hennessy Capital Acquisition Corp. III Units, each consisting of one share of Common Stock and one-h seller in Q4 2017 was Alberta Investment Management Corp (AIMCo), an estimated $5.06M sold.
Based on aggregated 13F filings for Q4 2017.